Nissan releases all-new Teana

YOKOHAMA – Nissan Motor Co. launched the third generation of the Teana sedan in the domestic market Wednesday, featuring enhanced comfort for long road trips and crash avoidance support technologies.

The new Teana, equipped with a 2.5-liter engine, has been developed as a global strategic model with an annual sales target of 600,000 units in more than 120 countries, Nissan said.

The price in Japan ranges from ¥2.43 million to ¥3.05 million, including taxes. The automaker is targeting sales of 520 units a month in the domestic market.

The new model has already been marketed in the United States and China.

Production in India

KYODO

Nissan Motor Co. says it has begun production in India of its inexpensive Datsun GO local model in a bid to boost its share in the growing South Asian market.

Targeting first-time buyers such as young consumers, the five-seat hatchback will be released in March with a price tag below 400,000 rupees, or about ¥650,000, officials of the automaker said Tuesday.

The first Datsun GO rolled off the production line at a plant in Oragadam on the outskirts of Chennai, according to the company.

Under the revived Datsun brand for emerging markets, Nissan plans to develop and sell local models in Indonesia, Russia and South Africa as well.